Too many start-ups are doing trite and vacuous work. The world does not need another online calendar or customisable homepage or some clown wearing a webcam 24/7.
The comparitively small number of valuable start-ups are doing good work by tackling problems that are difficult, and/or have a strong potential to separate a customer from the contents of his/her wallet. It is not that hard to separate the wheat from the chaff and identify start-ups with good ideas.
The biggest discouragement for starting a start-up is the notion that you'll bust your ass for a few years and create a great product, but end up skewered by IP patent trolls, aggressively predatory competitors with deep pockets, professional compensation claimants etc. etc. etc.
Incidentally, I wonder how attitudes to starting a start-up will change when the current western bubble of cheap credit finally pops?
The comparitively small number of valuable start-ups are doing good work by tackling problems that are difficult, and/or have a strong potential to separate a customer from the contents of his/her wallet. It is not that hard to separate the wheat from the chaff and identify start-ups with good ideas.
The biggest discouragement for starting a start-up is the notion that you'll bust your ass for a few years and create a great product, but end up skewered by IP patent trolls, aggressively predatory competitors with deep pockets, professional compensation claimants etc. etc. etc.
Incidentally, I wonder how attitudes to starting a start-up will change when the current western bubble of cheap credit finally pops?